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H.R. 5639: Foreign Merger Subsidy Disclosure Act of 2021

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H.R. 5639: Foreign Merger Subsidy Disclosure Act of 2021

117th Congress · introduced 2021-10-20 · Commerce · Latest: Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2021-10-20 · official record
  2. Who proposed it: Rep. Fitzgerald, Scott [R-WI-5] · what a sponsor is
  3. What happened next: no floor votes in our records yet. Why?
  4. Where it stands now: Referred to the Subcommittee on Antitrust, Commercial, and Administrative Law. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Foreign Merger Subsidy Disclosure Act of 2021

Plain summary

Foreign Merger Subsidy Disclosure Act of 2021 This bill requires entities to disclose in their premerger notification filings to federal antitrust regulators a detailed accounting of any economic support they received from a foreign state.

Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Foreign Merger Subsidy Disclosure Act of 2021

Source: Congressional Research Service summary (Introduced in House)

AI explanation – may be wrong, check the official text

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The strongest published arguments

Arguments for (supporters)

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Arguments against (opponents)

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Fitzgerald, Scott [R-WI-5] · 17 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Greg Stanton (D-AZ), Barry Loudermilk (R-GA), Thomas P. Tiffany (R-WI), Eric A. "Rick" Crawford (R-AR), Burgess Owens (R-UT), Michael Guest (R-MS), Brian Babin (R-TX), Darrell Issa (R-CA), W. Gregory Steube (R-FL), Kim Schrier (D-WA), Ted Budd (R-NC), Elissa Slotkin (D-MI)

Sponsor's campaign money: Rep. Fitzgerald, Scott [R-WI-5] reported raising $1.7 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.

Words on this page, explained (1)
Bill
A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong117-hr5639 · catalog fed-us-congress-bills-cong117 · updated 2026-11-15 by psicol fed-bills-cong117